This week’s Inglis Australian Broodmare and Weanling Sale began with a session of 128 foals that averaged $29,164 on Sunday.

The average increased 7% from 2017 and the clearance rate rose 5 points to 92%.

Sheamus Mills Bloodstock (FBAA) figured in the Top 5 leader-board with a Written Tycoon - Rossa Mia colt (pictured) that cost $110,000 from Evergreen Stud. His dam is a half-sister to Melbourne stakes winners Stokehouse and Malasun.

"He’s a good walking colt and Written Tycoon has a proven record of producing good horses from skinny pages on the dam’s side. I think most people who look at Written Tycoons aren’t expecting blueblood pedigrees.

“He is a September foal and that gives me a few options. I think he will make a nice sales colt next year.

“The Written Tycoons are hard enough to get your hands on now," Mills told ANZ Bloodstock. “And I don’t think there will be too many of his colts going through the ring for less than $150,000 next year.

“You have to be realistic with pin-hooks. If they break even, then it’s a free shot at the stumps.”

Federation of Bloodstock Agents Australia (FBAA) was formed in 1988 to maintain, improve and develop the standards, status and services of bloodstock agents throughout Australia. Its members operate with the utmost integrity and professionalism and are bound by the strict Industry Code of Conduct.